【Chempricehub】Crude Oil: On October 12, continued Houthi attacks on Saudi Arabia heightened geopolitical instability in the Middle East and increased supply risks, driving international crude oil prices higher. NYMEX WTI futures for November settled at $93.74/bbl, up $1.89/bbl (+2.06% WoW). ICE Brent futures for December closed at $106.65/bbl, rising $1.93/bbl (+1.84% WoW). China’s INE crude oil futures for the December 2026 contract fell by 8.9 yuan to 709.5 yuan/bbl during the day session but rebounded by 24.7 yuan to 734.2 yuan/bbl in the night session.
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